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EX-99.1 - PRESS RELEASE - LILIS ENERGY, INC.f8k080712ex99i_recovery.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 FORM 8-K
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported):  August 7, 2012
 
RECOVERY ENERGY, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
 
333-152571
 
74-3231613
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer
Identification Number)
 
1515 Wynkoop Street, Suite 200
   
Denver, CO
 
80202
(Address of Principal Executive Offices)
 
(Zip Code)

 
(303) 951-7920
(Registrant's telephone number, including area code)
 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

 
 
 

 
 
Item 5.02           Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers.
 
Our board of directors appointed A. Bradley Gabbard to the board of directors on August 7, 2012.  Mr. Gabbard became our chief financial officer in July 2011. He has 35 years’ experience in the management and operations of energy and oil and gas companies. Prior to coming to Recovery Energy, he served as an officer of Applied Natural Gas Fuels, Inc., serving from September 2009 to May 2010 as vice-president—special projects, and from May 2010 through June 2011 as chief financial officer. From April 2007 through September 2009, Mr. Gabbard provided management and financial consulting services to companies involved in the oil and gas and energy related businesses. From 1991 to April 2007, Mr. Gabbard co-founded and served as chief financial officer, executive vice president and a director of PowerSecure International, Inc. (f/k/a Metretek Technologies, Inc.), a developer of energy and smart grid solutions for electric utilities and their commercial, institutional, and industrial customers. Mr. Gabbard received a bachelor of accountancy degree from the University of Oklahoma in 1977, and is a CPA.

We believe Mr. Gabbard's qualifications to serve on our board include his experience as a senior officer of, and consultant to, several energy companies and his background in financial accounting.
 
Item 7.01           Regulation FD Disclosure.
 
On August 9, 2012 we released a press release announcing our financial results for the second quarter of 2012 which is filed as an exhibit to this report and appears on our website.

Item 9.01           Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit No.
Identification of Exhibits
 
99.1
Press Release
 
 
 

 
 
SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
RECOVERY ENERGY, INC.
     
Date:  August 9, 2012
By:  
/s/ A. Bradley Gabbard
   
A. Bradley Gabbard
   
Chief Financial Officer